5 Best Places to Retire in Nevada

This article looks at the 5 best places to retire in Nevada. If you wish to see our detailed analysis of the pros and cons of retiring in Nevada, check out the 15 Best Places to Retire in Nevada.

5. Las Vegas

Insider Monkey Score: 10.76

Livability Score: 82

Median Home Price: $426,000

IM Cost of Living: 106.8

Retiring in Las Vegas isn’t just about hitting the casinos, attending live shows, and cruising around the strip. It is also home to the Red Rock Canyon, featuring some of the most epic red rock formations in the US. The city has plenty of retirement communities to choose from. For those who wish to enjoy living here in this city, the cost of living is 6.8% higher than the national average. Home prices tend to be a bit high as well, but there’s always the option of renting out a space for those interested.

4. Fallon

Insider Monkey Score: 11

Livability Score: 71

Median Home Price: $237,500

IM Cost of Living: 94.7

The town of Fallon offers plenty of outdoor adventure to its residents, although there is a lack of big city recreation. It is home to Grimes Point, a famous petroglyph trail with plenty of ancient caves and rock art. The cost of living and median home prices in Fallon are quite affordable, making it a well-rounded retirement destination. Even couples and single retirees living on Social Security paychecks can afford to retire here, as evident by the data.

3. Winchester

Insider Monkey Score: 11.24

Livability Score: 79

Median Home Price: $299,000

IM Cost of Living: 104.8

Located in the suburbs of Las Vegas, the town of Winchester offers plenty of resorts and recreational activities, whilst also providing access to Vegas itself. Home prices in Winchester are significantly cheaper than Vegas, and with a solid livability score of 79 it is one of the best places to retire in Nevada.

2. Ely

Insider Monkey Score: 11.44

Livability Score: 67

Median Home Price: $213,000

IM Cost of Living: 84.2

In terms of livability, Ely has the lowest score among all the places in our list. However, it also has the lowest cost of living out of all the destinations. This is 15.8% lower than the national average. Ely also features plenty of history, art, and culture, making it one of the best places to retire in Nevada.

1. Winnemucca

Insider Monkey Score: 11.6

Livability Score: 76

Median Home Price: $339,900

IM Cost of Living: 92.7

Winnemucca stands out on every metric in our list, with affordable housing, reasonable cost of living, and an excellent livability score. The town has plenty of history and identity, influenced by the Paiute Indian tribe. It also offers outdoor excursions such as the Sonoma Peak, one of the most popular hiking and stargazing locations in Nevada.

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